Guggenheim Abu Dhabi museum will open its doors on December 11, 2026, further strengthening Abu Dhabi’s position as a leading global capital for the arts, the Department of Culture and Tourism – Abu Dhabi (DCT- Abu Dhabi) has announced.
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Oil prices extended their sharp decline in early Asian trading on Tuesday as markets welcomed a fourth consecutive night without military strikes between the United States and Iran, easing immediate fears of a wider disruption to Middle East energy supplies.
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Oil prices fell sharply on Monday after the United States and Iran halted hostilities over the weekend, raising hopes that a diplomatic breakthrough could ease tensions in the Middle East. However, shipping through the region's two critical maritime chokepoints – the Strait of Hormuz and the Bab al-Mandeb Strait – remains severely disrupted, keeping concerns over global energy supplies alive.
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GCC states have achieved advanced IMD World Competitiveness global rankings across key indicators including - economic performance, government efficiency, business competitiveness and infrastructure - underscoring the impact of reforms aimed at boosting growth and attracting investment.
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Oil prices are climbing once again, and with them, fears that inflation could make an unwelcome return. Renewed tensions between the US and Iran have shifted investors' attention back to the impact of higher energy costs on the global economy, said a leading global market strategist.
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Jeddah Tower, Saudi Arabia’s landmark mega-tall mixed-use tower, has achieved a major construction milestone reaching 430m this month. With a planned height of over 1,000m, the skyscraper, once completed, will become the first man-made structure in the world to reach a full kilometre.
The Middle East conflict entered a new phase over the weekend as the United States paused its bombing campaign against Iran after 13 consecutive nights of strikes, while violence shifted to the Red Sea where Iran-backed Houthi rebels targeted Saudi commercial assets, prompting retaliatory military action by Saudi Arabia.
Air defence systems in Saudi Arabia intercepted two ballistic missiles from Yemen on Saturday targeting oil refineries in Yanbu, Greek security sources a day after US forces launched fresh air strikes on Iran, said media reports. The defence system was operated by Greek military personnel.
Kuwait Oil Company has announced that it has signed a $16 billion lease-and-lease-back agreement involving its entire domestic and export pipeline network with a consortium of international infrastructure and institutional investors led collectively by Blackstone, Brookfield and KKR.
Saudi Binladin Group (SBG) has announced that it has begun redeveloping the King Fahd Sports City Stadium in Riyadh as the kingdom gears up for the 2034 FIFA World Cup. It involves the modernisation of the stadium as per global standards with a seating capacity for 70,200 spectators.
The Future Foresight Centre at Dubai Police has prepared an advanced foresight study—drawing on the expertise of 507 international security specialists from 30 countries — to shape the future of policing by monitoring and analysing 36 future security challenges.
The United States has imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 major trading partners, including several Middle Eastern countries, after concluding that they had failed to take sufficient action to prevent goods produced with forced labour from entering their markets.
With an Instagrammability score of 100, Dubai tops the ranking of the most photographed cities in the world. It has been tagged 147 million times on Instagram and more than 43 million times on TikTok, says a report.
US President Donald Trump has threatened "major military punishment" against Iran and Yemen's Houthi movement after two Saudi oil tankers were attacked in the Red Sea, as fears of a widening threat to global shipping pushed oil prices above $100 a barrel for the first time since May.
The UAE's office market remained undersupplied during the second quarter of 2026, driving double-digit rental growth in both Dubai and Abu Dhabi despite a challenging macroeconomic backdrop and ongoing regional disruptions, according to real estate expert CBRE.
Saudi Water Authority will launch local production of energy recovery devices in 2027, establishing the world’s first facility outside the US to manufacture the desalination technology, boosting supply security and supporting exports.
Dubai carrier Emirates has launched Crypto.com Pay as a payment option on its website and mobile app, allowing eligible UAE residents to pay for flight bookings using the digital payment solution. The service is available for bookings priced and settled in Emirati Dirhams (AED).
Oil prices remained under pressure as the pause in military operations in the Middle East reduced the risk of immediate geopolitical escalation. Also hopes surrounding talks between Iran and Oman over shipping through the Strait of Hormuz improved market sentiment, said an industry expert.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
Reem Mall, a $1.3 billion lifestyle destination in Abu Dhabi, has officially appointed TGP International to lead the food and beverage strategy for an innovative new dining destination. The project aims to create a dedicated F&B hub featuring a mix of regional concepts and global brands.
Cleveland Clinic Abu Dhabi has introduced the first robotically-assisted bronchoscopy technology in Middle East, enabling access to the smallest lung nodules deep within the lungs, often the earliest visible signs of lung cancer.
Saudi Arabia is embedding AI literacy into its national strategy to support economic growth, workforce upskilling, and responsible AI adoption, according to a new report.
Reem Mall, a $1.3 billion lifestyle destination in Abu Dhabi, has officially appointed TGP International to lead the food and beverage strategy for an innovative new dining destination. The project aims to create a dedicated F&B hub featuring a mix of regional concepts and global brands.
Jada Fund of Funds, a wholly owned subsidiary of the Public Investment Fund, established to develop Saudi Arabia’s private capital ecosystem, has announced its strategic commitment to Growth Catalyst Fund I, a Saudi-based private equity fund with a targeted fund size of SAR750 million ($ 200 million), focused on scaling high-potential mid-market companies across the Kingdom.
e& Carrier & Wholesale Services (C&WS), the international wholesale arm of global technology group e&, and Globe, a leading telecommunications operator in the Philippines, today announced a strategic partnership for the management of Globe’s international voice traffic.
Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in the UAE, said DTC maintained resilient operations during Q2 2026 and H1 2026 despite a challenging operating environment across much of the quarter.
UFC, the world's premier mixed martial arts organisation, in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is kicking off Abu Dhabi Showdown Week on Yas Island with an action-packed programme of fan experiences, athlete appearances and live events ahead of UFC Fight Night: Ankalaev vs Guskov at Etihad Arena on Saturday (July 25).
The Iran war broadened over the weekend despite a pause in US strikes, as Yemen's Iran-aligned Houthis attacked Saudi oil installations along the Red Sea coast and Iran accused Ukraine of targeting one of its vessels in the Caspian Sea resulting in the death of a sailor.
